Oasis 4Q12 and Full Year (2012) Financial Results

From the press release:

• Increased revenue by 108% to $686.7 million in 2012, up from $330.4 million in the prior year.
• Grew Adjusted EBITDA by 118% to $512.3 million in 2012, up from $234.5 million in the prior year.
• Increased net income by 93% to $153.4 million in 2012, up from $79.4 million in the prior year.
• The Company reported net income of $42.6 million in the fourth quarter of 2012 compared to a net loss of $13.4 million in the fourth quarter of 2011.  For the full year 2012, Oasis reported net income of $153.4 million compared to $79.4 million for the full year 2011.  Excluding certain non-cash items and their tax effect in the fourth quarters of 2012 and 2011, Adjusted Net Income (non-GAAP) was $45.2 million, or $0.49 per diluted share, and $28.0 million, or $0.30 per diluted share, respectively. Excluding certain non-cash items and their tax effect for the years ending December 31, 2012 and 2011, Adjusted Net Income (non-GAAP) was $138.4 million, or $1.50 per diluted share, and $78.2 million, or $0.85 per diluted share, respectively.